Microvast Holdings (FRA:2OZA) Days Payable: 102.11 (As of Mar. 2026) — Near Median

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

FRA:2OZA Microvast Holdings Inc FRA:2OZA
68 GF Score
Price €0.77
GF Value €1.57
Valuation Possible Value Trap
! 5 Warning Signs
View Full Analysis

What is Microvast Holdings Days Payable?

Microvast Holdings FRA:2OZA -7.15% 68 Days Payable is 102.11 as of Mar. 2026, which is 5% above its 10-year median of 97.54. GuruFocus rates FRA:2OZA with a GF Score™ of 68/100 and a GF Value™ of €1.57 (Possible Value Trap). The stock has 5 warning signs investors should review. Among 1,306 Vehicles & Parts companies, Microvast Holdings ranks better than 56.74% on this metric.

Microvast Holdings's average Accounts Payable for the three months ended in Mar. 2026 was €40.1 Mil. Microvast Holdings's Cost of Goods Sold for the three months ended in Mar. 2026 was €35.9 Mil. Hence, Microvast Holdings's Days Payable for the three months ended in Mar. 2026 was 102.11.

The historical rank and industry rank for Microvast Holdings's Days Payable or its related term are showing as below:

FRA:2OZA' s Days Payable Range Over the Past 10 Years
Min: 66.89   Med: 97.54   Max: 169.65
Current: 75.42

During the past 7 years, Microvast Holdings's highest Days Payable was 169.65. The lowest was 66.89. And the median was 97.54.

FRA:2OZA's Days Payable is ranked better than
56.74% of 1306 companies
in the Vehicles & Parts industry
Industry Median: 67.14 vs FRA:2OZA: 75.42

Microvast Holdings's Days Payable increased from Mar. 2025 (76.89) to Mar. 2026 (102.11). It may suggest that Microvast Holdings delayed paying its suppliers.


Microvast Holdings Days Payable Historical Data

* Premium members only.

The historical data trend for Microvast Holdings's Days Payable can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Microvast Holdings Days Payable Chart

Microvast Holdings Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Days Payable
Get a 7-Day Free Trial 74.44 77.39 116.30 121.37 71.48

Microvast Holdings Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Days Payable Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 76.89 101.84 79.27 50.99 102.11

FRA:2OZA vs STRT, SES, HLLY: Days Payable Comparison

For the Auto Parts subindustry, Microvast Holdings's Days Payable, along with its competitors' market caps and Days Payable data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Microvast Holdings Days Payable vs Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Microvast Holdings's Days Payable distribution charts can be found below:

* The bar in red indicates where Microvast Holdings's Days Payable falls into.


FRA:2OZA
68GF Score
Microvast Holdings Inc FRA:2OZA
Days Payable is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Microvast Holdings Days Payable Calculation

Days Payable indicates the number of days that the account payable relative to cost of goods sold the company has. An increase of Days Payable may suggest that the company delays paying its suppliers.

Microvast Holdings's Days Payable for the fiscal year that ended in Dec. 2025 is calculated as

Days Payable (A: Dec. 2025 )
=Average Accounts Payable /Cost of Goods Sold*Days in Period
=( (Accounts Payable (A: Dec. 2024 ) + Accounts Payable (A: Dec. 2025 )) / count ) / Cost of Goods Sold (A: Dec. 2025 )*Days in Period
=( (62.018 + 40.141) / 2 ) / 260.817*365
=51.0795 / 260.817*365
=71.48

Microvast Holdings's Days Payable for the quarter that ended in Mar. 2026 is calculated as:

Days Payable (Q: Mar. 2026 )
=Average Accounts Payable / Cost of Goods Sold*Days in Period
=( (Accounts Payable (Q: Dec. 2025 ) + Accounts Payable (Q: Mar. 2026 )) / count ) / Cost of Goods Sold (Q: Mar. 2026 )*Days in Period
=( (40.141 + 40.11) / 2 ) / 35.859*365 / 4
=40.1255 / 35.859*365 / 4
=102.11

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Frequently Asked Questions Learn more about Days Payable →
What does a Days Payable of 102.11 mean?
Microvast Holdings (FRA:2OZA) has a Days Payable of 102.11 as of Mar. 2026. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on Microvast Holdings and its competitors. This is near median its historical median of 97.54. Over the past decade, Microvast Holdings' Days Payable has ranged from 66.89 to 169.65. According to the industry distribution chart, Microvast Holdings ranks #565 out of 1306 companies in the Vehicles & Parts industry, placing it in the top 43.3%.
Is Microvast Holdings' Days Payable too high?
Microvast Holdings' current Days Payable of 102.11 is near median its 10-year median of 97.54. Over the past 10 years, this metric has ranged from a low of 66.89 to a high of 169.65. The Vehicles & Parts industry median Days Payable is 67.14. Microvast Holdings' value of 102.11 is 52.1% above this industry median. Based on the distribution chart, Microvast Holdings ranks #565 out of 1306 companies in the Vehicles & Parts industry, which is above the industry midpoint. Overall, Microvast Holdings has a GF Score™ of 68/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Microvast Holdings' Days Payable compare to STRT and SES?
According to the Vehicles & Parts industry distribution chart, Microvast Holdings ranks #565 out of 1306 companies for Days Payable. This puts Microvast Holdings in the upper half of its industry. The industry median Days Payable is 67.14. Microvast Holdings' value of 102.11 is 52.1% above this benchmark. Historically, Microvast Holdings' own Days Payable has ranged from 66.89 to 169.65 over the past decade. While the company's 10-year median is 97.54 vs. the industry median of 67.14, Microvast Holdings has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Days Payable for a Vehicles & Parts company?
The median Days Payable among Vehicles & Parts companies is 67.14, based on 1,306 companies in the industry. Companies in the top quartile (top 25%) have a Days Payable significantly above this median, while those in the bottom quartile fall well below. However, Days Payable should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Microvast Holdings's current Days Payable of 102.11 is 52.1% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Days Payable mean?
A high Days Payable can signal that a stock is expensive relative to its fundamentals. Days payable represents the average amount of days a company waits to pay its invoices from suppliers. View historical data on Microvast Holdings and its competitors. For the Vehicles & Parts industry, the median Days Payable is 67.14 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Microvast Holdings's current Days Payable is 102.11, which is near median its own 10-year median of 97.54. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Microvast Holdings stock overvalued right now?
Based on GuruFocus' analysis, Microvast Holdings (FRA:2OZA) is currently considered Possible Value Trap. The stock's GF Value™ is €1.57, compared to a current price of €0.77 — trading 51.2% below its estimated fair value. The current Days Payable is 102.11, which is near median its 10-year median of 97.54 and 52.1% above the Vehicles & Parts industry median of 67.14. Microvast Holdings' overall GF Score™ is 68/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Days Payable calculated?
Days Payable is calculated from a company's financial statements. For Microvast Holdings (FRA:2OZA), the current Days Payable is 102.11 as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Microvast Holdings (FRA:2OZA) Overvalued in 2026?

Based on GuruFocus' analysis, Microvast Holdings stock appears to be undervalued. The current stock price of €0.77 is trading 51.2% below its estimated GF Value™ of €1.57. GuruFocus considers Microvast Holdings to be Possible Value Trap.

Key valuation signals for FRA:2OZA:

  • Days Payable: 102.11 (near median its 10-year median of 97.54)
  • GF Value™: €1.57 vs. price of €0.77 (51.2% below fair value)
  • GF Score™: 68/100 with 5 warning signs
  • Industry Position: 52.1% above the Vehicles & Parts median (#565 of 1306)

No single metric tells the full story. See the FRA:2OZA stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Microvast Holdings Business Description

Other Exchanges MVST:USA
Address 12603 Southwest Freeway, Suite 300, Stafford, TX, USA, 77477
Microvast Holdings Inc develops lithium-ion battery technologies focused on high-performance solutions for commercial and industrial electrification. The Company designs, develops, and manufactures battery components and systems for electric commercial vehicles and energy storage systems (ESS), with applications across buses, trucks, port equipment, and mining machinery. It emphasizes innovation in battery design without relying on legacy technologies and supports platforms such as the IVECO eDaily and various bus models. The Company also provides services, repairs, and warranty and extended warranty support. It operates as a single reportable segment, covering design, development, manufacturing, sales, and leasing of battery systems, and generates the majority of its revenue from Europe.
68GF Score

Get the complete analysis for FRA:2OZA

Days Payable is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

€0.77
Price
€1.57
GF Value